Data Analytics Application $$ Risk Management Exercise

You are the chief IT architect$/$Project Manager of a Regional Bank. The CIO of

the bank asked you to implement a new AI based data analytics application to

grow the customer base and improve the performance of various banking

products.

As a technical architect$/$project manager, your technical team$$s responsibility is to

implement this vendor based data analytics AI tool. Also need to upgrade $100$

workstations with enhanced processing power$/$storage capacity $$ being used by

the banking staff. This entail acquiring brand new workstations $(100).$ The

mandate is to complete the implementation in $6$ months. Also to train the

banking staff in using this application.

Exercise:

Develop a risk matrix $$ identifying $4$ to $5$ risk factors, risk probability for each risk

factor, risk impact for each risk factor, and Mitigation action for each risk factor.

$$